| Read Time: 2 minutes |

DID JAMES RICHARD SOPHIA JR CAUSE YOU INVESTMENT LOSSES?

James Sophia Of Morgan Stanley And Formerly With Merrill Lynch Pierce Fenner & Smith Has 4 Customer Complaints For Alleged Broker Misconduct

Who is James Sophia of Morgan Stanley?

James Sophia (CRD #3222645) who is currently registered with Morgan Stanley and located in Pepper Pike, Ohio is a subject of one of our many securities industry sales practice abuse investigations. Prior to Morgan Stanley, James Sophia was associated with Merrill Lynch Pierce Fenner & Smith and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

James Sophia Customer Complaints

James Sophia has been the subject of 4 customer complaints that we know about. One of James Sophia’s 4 customer complaints was settled in favor of investors. Two of James Sophia’s customers’ complaints were denied and, to date, the customers have not taken any further action. There is currently one pending customer complaint filed against Merrill Lynch Pierce Fenner & Smith for investment losses caused by James Sophia’s alleged misconduct.

Allegations Against James Sophia

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Client alleged he was not advised correctly by James Sophia about fees connected with his B Share Mutual Funds and, because of that, he allegedly had to pay $9,000 too much in fees when he sold his shares.
  • The customer alleged James Sophia’s failure to follow instructions.
  • The customer alleged misrepresentations and unsuitable investment recommendations by James Sophia.
  • The customer alleged unauthorized trading by James Sophia.

James Sophia Red Flags & Your Rights As An Investor

Of course, James Sophia did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of James Sophia at Morgan Stanley and Merrill Lynch Pierce Fenner & Smith on alert to review carefully the activity and performance of their accounts and question whether James Sophia has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Morgan Stanley and Merrill Lynch Pierce Fenner & Smith also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Morgan Stanley Due To James Sophia

If you have questions about Morgan Stanley, Merrill Lynch Pierce Fenner & Smith, and/or James Sophia and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $125 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars
Loading...